Studio · 415 sqftMay Residence Tower 4, Jumeirah Village Circle (JVC) · 4th floor · completed 2019

405, May Residence Tower 4

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 11 March 2026
Last soldAED 360K15 June 2017
Current rentAED 40K /yr11 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, May Residence Tower 4

What is 405 worth today?

Last sold for AED 360,000 in 2017

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11 Mar 2026RentedRenewal
AED 40,000/yr12 months · AED 96 per sqft
11 Mar 2025RentedNew contract
AED 40,000/yr12 months · AED 96 per sqft
10 Mar 2023RentedNew contract
AED 33,000/yr12 months · AED 79 per sqft
20 Apr 2020RentedNew contract
AED 34,000/yr3 months · AED 82 per sqft
15 Jun 2017Sold by developerOff-plan
AED 360,000AED 867 per sqft

Source: Dubai Land Department. Updated 11 March 2026.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
4th of 5
Parking
B-26
Developer
May Real Estate Development
Completed
2019
Service charge
AED 6,500 /yr
Last sold
AED 360K · June 2017

About 405, May Residence Tower 4

405 is a studio of 415 sqft on the 4th floor of May Residence Tower 4, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by May Real Estate Development. The developer sold it on 15 June 2017 for AED 360,000, or AED 867 per sqft, in line with the AED 853 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 11 March 2026, is AED 40,000 a year: a gross yield of 11.1% on the 2017 price, before the service charge of about AED 6,500 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical studio in May Residence Tower 4
300K400K20162018202020222024Typical sale price by year: 2016 AED 382,500; 2017 AED 360,500; 2018 AED 395,000; 2021 AED 275,000; 2023 AED 380,000Sold by developer, June 2017: AED 360,000 (AED 867 per sqft)

405 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 405, each contractTypical studio in May Residence Tower 4
20K30K40K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 22,000; 2022 AED 26,000; 2023 AED 32,000; 2024 AED 40,000; 2025 AED 42,000; 2026 AED 39,500New contract, April 2020: AED 34,000 a yearNew contract, March 2023: AED 33,000 a yearNew contract, March 2025: AED 40,000 a yearRenewal, March 2026: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in May Residence Tower 4, and where 405 sits

All 30 studios →

405 last sold in June 2017 at AED 867 per sqft, in line with what studios in May Residence Tower 4 were fetching at the time (AED 853). 405's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Jan 2025445,000
9 Dec 2024475,000
3 Jun 2024460,000
30 Aug 2023375,000
0 studio sales in the last 12 months

May Residence Tower 4

Building

70 apartments, studios to 1-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2019 by May Real Estate Development. 4 sold in the last 12 months.

Typical price per sqft
AED 805
Typical sale
AED 700K
Typical rent
AED 57K /yr
Typical yield
9.8%
May Residence Tower 4, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 4th floor

All 70 units in May Residence Tower 4
Value
4011-bedAED 670K · Jul 2025
4021-bedAED 660K · Oct 2026
403StudioAED 355K · May 2017
404StudioAED 360K · Jun 2017
406StudioAED 360K · Jun 2017
4071-bedAED 675K · Aug 2025
4081-bedAED 560K · Nov 2023
1–7 of 13

405, May Residence Tower 4 in numbers

  • Sold once: by May Real Estate Development on 15 June 2017 for AED 360,000, or AED 867 per sqft.
  • Rented since April 2020 on 4 Ejari contracts, from AED 34,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 11.1%, before a service charge of about AED 6,500 a year (AED 15.66 per sqft).

Source: Dubai Land Department. Updated 11 March 2026.

Questions about 405, May Residence Tower 4

What did unit 405 last sell for?

AED 360,000 on 15 June 2017, sold by the developer: AED 867 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 40,000 a year on the contract renewed on 11 March 2026. The previous contract, from March 2025, was AED 40,000; the unit has been rented since April 2020.

How big is unit 405?

415 sqft (38.6 sqm): a studio on the 4th floor of a 5-storey tower completed in 2019.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 405, May Residence Tower 4

Starts from the last sale price (AED 360K, 15 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →